Average Production Time of Each Component Solution

STEP 0: Pre-Calculation Summary
Formula Used
Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size)
tp = ts+tm+(Nt*tc/Nb)
This formula uses 6 Variables
Variables Used
Average Production Time - (Measured in Second) - Average Production Time is the time taken to produce a single component out of a lot of produced batches.
Setup Time - (Measured in Second) - Setup Time of each component is the time required to load/unload the workpiece and position the tool for production for one component.
Machining Time - (Measured in Second) - Machining Time is the time when a machine is actually processing something. Generally, machining time is the term used when there is a removal of unwanted material.
Number of Tools Used - The Number of Tools Used is the total number of tools used for manufacturing a batch of products.
Time to Change One Tool - (Measured in Second) - Time to Change One Tool is the measure of time it takes to change one tool during machining.
Batch Size - Batch Size is the count of similar kinds of products to be manufactured.
STEP 1: Convert Input(s) to Base Unit
Setup Time: 0.9 Minute --> 54 Second (Check conversion here)
Machining Time: 46 Second --> 46 Second No Conversion Required
Number of Tools Used: 3 --> No Conversion Required
Time to Change One Tool: 5 Minute --> 300 Second (Check conversion here)
Batch Size: 2 --> No Conversion Required
STEP 2: Evaluate Formula
Substituting Input Values in Formula
tp = ts+tm+(Nt*tc/Nb) --> 54+46+(3*300/2)
Evaluating ... ...
tp = 550
STEP 3: Convert Result to Output's Unit
550 Second -->9.16666666666667 Minute (Check conversion here)
FINAL ANSWER
9.16666666666667 9.166667 Minute <-- Average Production Time
(Calculation completed in 00.004 seconds)

Credits

Created by Kumar Siddhant
Indian Institute of Information Technology, Design and Manufacturing (IIITDM), Jabalpur
Kumar Siddhant has created this Calculator and 400+ more calculators!
Verified by Parul Keshav
National Institute of Technology (NIT), Srinagar
Parul Keshav has verified this Calculator and 400+ more calculators!

22 Economics Of Metal-Cutting Operation Calculators

Total Production Time given Time for Individual Operation and Batch Size
Go Total Production Time = (Batch Size*Setup Time+Batch Size*Machining Time+Number of Tools Used*Time to Change One Tool)
Non-Productive Time for Each Component given Average Production Time
Go Setup Time = Average Production Time-(Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size))
Time for changing one Tool given Average Production Time
Go Time to Change One Tool = (Average Production Time-(Setup Time+Machining Time))*Batch Size/Number of Tools Used
Machining Time of Each Component given Average Production Time
Go Machining Time = Average Production Time-Setup Time-(Number of Tools Used*Time to Change One Tool/Batch Size)
Batch Size given Average Production Time
Go Batch Size = Time to Change One Tool*Number of Tools Used/(Average Production Time-(Setup Time+Machining Time))
Average Production Time of Each Component
Go Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size)
Total Production Time
Go Total Production Time = (Total Machining Time+Non-Productive Time+Total Tool Changing Time)
Machining and Operating Rate given Total Machining and Operating Cost
Go Machining and Operating Rate = Total Machining And Operating Cost/Total Production Time
Total Production Time given Total Machining and Operating Cost
Go Total Production Time = Total Machining And Operating Cost/Machining and Operating Rate
Total Machining and Operating Cost
Go Total Machining And Operating Cost = Machining and Operating Rate*Total Production Time
Total Non-Productive Cost
Go Total Production Cost = Non-Productive Time*Machining and Operating Rate
Total Tool-Changing Cost
Go Total Tool Changing Cost = Total Tool Changing Time*Number of Tools Used
Time for Changing one Tool given Total Tool Changing Time
Go Time to Change One Tool = Total Tool Changing Time/Number of Tools Used
Total Tool Changing Time
Go Total Tool Changing Time = Number of Tools Used*Time to Change One Tool
Cost of Tool given Total Cost of Tools
Go Cost of a Tool = Total Cost of Tools Used/Number of Tools Used
Total Cost of Tools Used
Go Total Cost of Tools Used = Number of Tools Used*Cost of a Tool
Machining Time for one Component using Total Machining Time
Go Machining Time = Total Machining Time/Batch Size
Total Machining Time or Total Machine Time
Go Total Machining Time = Batch Size*Machining Time
Size of Batch given Total Machining Time
Go Batch Size = Total Machining Time/Machining Time
Load or Unload or Setup Time given Total Non-Productive Time
Go Setup Time = Non-Productive Time/Batch Size
Size of Batch using Total Non-Productive Time
Go Batch Size = Non-Productive Time/Setup Time
Total Non-Productive Time
Go Non-Productive Time = Batch Size*Setup Time

Average Production Time of Each Component Formula

Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size)
tp = ts+tm+(Nt*tc/Nb)

Average Production Cost of each component

The Average Production Cost of each component is usually determined by taking an average over a defined batch of products. The reason for this is the extended costs such as the cost of tools and operating costs etc. This makes the Average Production Cost becomes quite higher for a single product than when measured over batch size.

How to Calculate Average Production Time of Each Component?

Average Production Time of Each Component calculator uses Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size) to calculate the Average Production Time, The Average Production Time of Each Component is defined as the time taken in producing a single component from scratch including all necessary operations and processes. Average Production Time is denoted by tp symbol.

How to calculate Average Production Time of Each Component using this online calculator? To use this online calculator for Average Production Time of Each Component, enter Setup Time (ts), Machining Time (tm), Number of Tools Used (Nt), Time to Change One Tool (tc) & Batch Size (Nb) and hit the calculate button. Here is how the Average Production Time of Each Component calculation can be explained with given input values -> 0.152778 = 54+46+(3*300/2).

FAQ

What is Average Production Time of Each Component?
The Average Production Time of Each Component is defined as the time taken in producing a single component from scratch including all necessary operations and processes and is represented as tp = ts+tm+(Nt*tc/Nb) or Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size). Setup Time of each component is the time required to load/unload the workpiece and position the tool for production for one component, Machining Time is the time when a machine is actually processing something. Generally, machining time is the term used when there is a removal of unwanted material, The Number of Tools Used is the total number of tools used for manufacturing a batch of products, Time to Change One Tool is the measure of time it takes to change one tool during machining & Batch Size is the count of similar kinds of products to be manufactured.
How to calculate Average Production Time of Each Component?
The Average Production Time of Each Component is defined as the time taken in producing a single component from scratch including all necessary operations and processes is calculated using Average Production Time = Setup Time+Machining Time+(Number of Tools Used*Time to Change One Tool/Batch Size). To calculate Average Production Time of Each Component, you need Setup Time (ts), Machining Time (tm), Number of Tools Used (Nt), Time to Change One Tool (tc) & Batch Size (Nb). With our tool, you need to enter the respective value for Setup Time, Machining Time, Number of Tools Used, Time to Change One Tool & Batch Size and hit the calculate button. You can also select the units (if any) for Input(s) and the Output as well.
Let Others Know
Facebook
Twitter
Reddit
LinkedIn
Email
WhatsApp
Copied!